AmericanWest Bancorp (fka AWBCQ)

[jgilmour]

https://awbc11.com/Home_Page.html

https://awbc11.com/uploads/Information_for_Shareholders_of_AmericanWest_Bancorporation.pdf

Isn’t it possible to provide some payment to shareholders even where creditors are not paid
in full?

State law prohibits distribution to shareholders where a corporation is insolvent (such as
where its assets are less than its debts). The Bankruptcy Code will permit distribution to
shareholders only with the consent of all creditors who are paid less than 100 cents on the dollar.
The holders of the Company’s subordinated debt will receive far less than payment in full and
the Company believes that the trustees for such debt cannot and will not consent.

Is there some sort of write off for the loss of my investment?

You need to consult your tax
advisors on this subject. There are no assets in the Company for further administration and it is
anticipated that the Company will be dissolved formally in 2011. The terms of the Plan, when
confirmed, and the dissolution of the Company, when completed, will be on the website
indicated above and may be of interest to your tax advisors.